ANV completes acquisition of Assured Underwriting Group
ANV’s acquisition of London-based AUG adds travel bond and financial failure insurance capabilities serving more than 1,600 tour operator clients across the UK and Europe
Global insurance intermediary ANV Group Holdings has completed its acquisition of Assured Underwriting Group (AUG), a specialist managing general agent providing insurance-backed financial protection to tour operators and the travel sector across the UK and Europe.
The transaction has received all necessary regulatory approvals and expands ANV’s Credit & Protection segment into travel protection and financial failure insurance.
The acquisition is part of ANV’s strategy of investing in specialist underwriting businesses and niche markets. Its Credit & Protection portfolio also includes payment and income protection, structured credit, mortgage flow, and credit default insurance.
“AUG has built a highly respected business with deep expertise in travel protection and a strong reputation in the market. The acquisition strengthens our Credit & Protection capabilities and creates a strong foundation for expansion across key European markets,” said Adam Karkowsky, ANV Chairman and CEO.
The deal gives ANV an expanded platform in the European travel protection market, while providing AUG with additional resources to support further growth.
Chloe Fox
Chloe Fox is a Junior Editor at Voyageur Group, having joined in 2024. She writes for ITIJ and AirMed&Rescue, covering a range of topics including international travel and health insurance, medical assistance provision, and air medical transportation. Chloe holds a BA (Hons) in English and an MA in English Literature from the University of Bristol.